00:00Recognizing MSMEs as a vital engine of growth, I propose a three-pronged approach to help them grow as champions.
00:10Equity support. I propose to introduce a dedicated 10,000 crores SME growth fund to create future champions,
00:22incentivizing enterprises, enterprises based on select criteria.
00:30I also propose to top up the self-reliant India fund set up in 2021 with 2,000 crores to continue support to micro-enterprises and maintain their access to risk capital.
00:47Liquidity support. With treads, more than 7 lakh crore has been made available to MSMEs.
00:55To leverage its full potential, I propose four measures.
01:01One, mandate treads as the transaction settlement platform for all purchases from MSMEs by CPSEs,
01:10serving as a benchmark for other corporates.
01:15Two, introduce a credit guarantee support mechanism through CGT-MSE for invoice discounting on treads platform.
01:26Three, link GEM with treads for sharing information with financiers about government purchases from MSMEs,
01:36encouraging cheaper and quicker financing.
01:39Four, introduce treads receivables as asset-backed securities, helping develop a secondary market, enhancing liquidity and settlement of transactions.
01:55Professional support.
01:57Government will facilitate professional institutions such as the ICAI, ICSI, ICMAI,
02:04to design short-term modular courses and practical tools to develop a cadre of corporate mitras,
02:15especially in Tier 2 and Tier 3 towns.
02:20These accredited paraprofessionals will help MSMEs meet compliance requirements at affordable costs.
02:34One will ridershipiceachers join the CAPT threads to develop an interdisciplinary給達 company for its own step.
02:37porta MAN
02:46BOWS
02:4814
02:50COVID
02:51DR 머
02:52DR
02:52BAD
02:54DR
02:55L
02:56DR
02:57DR
Comments